Correspondent Corner
March 7, 2019
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Insurance Company correspondent lenders in the market.
- Loan amounts range from $2,000,000 – $30,000,000
- Nationwide lending platform with a preference towards large MSA’s
- Interest only available on a case by case basis
- Flexible prepayment penalty available
- Non-recourse with recourse carve-outs
- Aggressive interest rates are available as low as 4.5% for a 10-year fixed term
- Fixed rate terms up to 20 years are available
- The lender will lock in interest rate at application